Bid By Phone Land Auction

160+/- Total Acres in Gray County, Kansas

Selling in One Individual Tract

Legal Description:

Southeast Quarter (SE/4) of Section Thirty-three (33), Township Twenty-six (26), Range Twenty-eight (28) West of the 6th P.M., in Gray County, KS

Bidding Pool Closes:

Tuesday, March 25, 2025 - 12:00pm CST

To participate in the auction, you must register and place a bid in the bidding pool prior to the above listed date and time. If you are not registered and have not submitted an initial bid by the bidding pool deadline, you will not be able to participate in the auction.

Located from Cimarron, KS: From the intersection of Hwy 50 and S. Main St./KS 23 Hwy go approximately 5 miles South to S Road. Then, go West 2 miles to the Southeast corner of subject property. Signs will be posted.

Irrigation Information: There is one irrigation well located on this tract, covered under water right file #21834-00, that is permitted for 260 AF and 156 authorized irrigated acres. Click here to view the WIMAS Water Right Information Report. 

Irrigation Equipment: The Franklin control box, irrigation pump, irrigation motor, and all underground lines will be sold with the land. Neither the seller nor Burkhart Estate & Auction makes any warranties regarding the condition or functionality of the irrigation equipment. Buyers are encouraged to perform their own inspections and due diligence concerning the irrigation system and well.

CRP Information: There is one CRP contract located on this tract of land. The total acres enrolled are 23.47 (Contract #11193). The rental rate per acre is $31.93 for a total annual CRP payment of $749.00. The contract period is from 10-1-2021 to 9-30-2031. The new buyer will receive the entirety of the 2025 annual CRP payment. Click here to view the CRP contract.

Manner of Sale:This real estate will be offered in 1 tract only. No acres will be divided.

Sale Method: The real estate will be offered for sale by private phone auction. Buyers must register and place a bid prior to March 25, 2025 – 12:00pm (Noon) CST to be included in the bidding pool. All bids must be submitted to Mike Burkhart by telephone at 620-430-2000. After the bidding deadline, all active bidders will be allowed to advance their bids. The auctioneer will contact each bidder in the bidding pool for advancement of bids starting on Tuesday, March 25, 2025 – 12:00pm (Noon) CST. Bids will be accepted until no further advances are made. All bidding parties will remain confidential. Bidding increments will be at the sole discretion of the auction company. Bidders agree that once a bid is submitted the bid will be honored.

Terms: The successful bidder will pay a $25,000.00 earnest money deposit immediately following the auction. Contract closing will be on or before April 25, 2025 or upon such terms as may be acceptable to the sellers. Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. Earnest money will be held by High Plains Title in their trust account. High Plains Title will also serve as the closing agent. Bidding is not contingent upon financing. Financing, if necessary, must have been arranged and approved prior to the auction.

Evidence of Title: Seller will provide title insurance to the Buyers in the amount of the purchase price, with the premium to be paid one-half by the Sellers and one-half by the Buyers. Escrow fee will be split 50/50.

Taxes: The 2024 taxes totaled $1,215.06. The 2025 taxes will be prorated to the date of closing.

Minerals: The entirety of the sellers’ mineral interest will sell with the land. All of the minerals are intact, open, and unleased.

FSA Information: All FSA information is deemed correct and was obtained from reliable sources. Any future FSA payments will follow the crops and new buyer.

Possession: The buyer will receive immediate possession on all acres upon closing. All acres are open.

Announcements day of the sale take precedence over any printed advertising.